Colo. Rev. Stat. § 32-1-1601
Legislative declaration
Colorado · Colorado Revised Statutes Title 32 — Special Districts · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 32-1-1601, Legislative declaration, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2312418
- Permanent ID
ys:prov:2312418@1- SHA-256
d3cf9c534c90bce82f007721a754108d01414ee2e8661a927e0e7d60eb8e21b7
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The general assembly hereby finds and declares that special districts are political subdivisions and instrumentalities of the state of Colorado and local governments thereof. The general assembly further finds that defaults in payment of general obligation debts and the possibility of further defaults by some special districts have resulted in a general loss of confidence by investors in bonds and undertakings of all types issued or to be issued by local governments of the state and have imposed severe hardship on investors in general obligation bonds of special districts and upon owners of residential real property within such districts. The general assembly further finds that this part 16 is necessary to protect the credit reputation of local governments of this state, to restore confidence of investors in local government obligations, and to protect owners of residential real property within special districts.